Is $299,000 a good price for a home in Fergus Falls?

According to BuyPulse, 401 N Burlington Avenue rates Strong Value — at $125/sqft it's priced 10% below the typical Fergus Falls single-family home of $139/sqft. Powered by the Realgorithm™.

Does 401 N Burlington Avenue have a basement?

Yes, 401 N Burlington Avenue has a finished basement with 1,125 sq ft of below-grade space.

What type of heating and cooling does 401 N Burlington Avenue have?

401 N Burlington Avenue has Forced Air, Fireplace(s) heating and Central Air cooling.

Where is 401 N Burlington Avenue located?

401 N Burlington Avenue is in the North Division/fergus Falls neighborhood of Fergus Falls, MN 56537, in Otter Tail County.

Is 401 N Burlington Avenue still available?

401 N Burlington Avenue is currently pending. The seller may still accept backup offers — contact us to learn more.

When was 401 N Burlington Avenue built?

401 N Burlington Avenue was built in 1951. It features a poured concrete foundation.

How many homes like 401 N Burlington Avenue are for sale in Fergus Falls?

24 similar homes (single-family homes between $224K and $374K in Fergus Falls) are for sale right now — you have options.

How fast do homes like 401 N Burlington Avenue sell in Fergus Falls?

Homes like this one (single-family homes between $224K and $374K in Fergus Falls) went pending in a median 24 days over the last 90 days — 3 of the last 13 went under contract within 4 days.

Do homes in Fergus Falls sell for asking price?

44% of the last 25 comparable Fergus Falls sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.

What does "M Markdowns" mean?

M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.

What does "BuyPulse" mean?

BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.

What does "Realgorithm™" mean?

The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 1 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 2 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 3 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 4 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 5 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 6 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 7 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 8 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 9 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 10 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 11 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 12 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 13 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 14 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 15 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 16 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 17 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 18 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 19 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 20 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 21 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 22 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 23 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 24 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 25 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 26 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 27 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 28 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 29 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 30 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 31 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 32 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 33 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 34 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 35 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 36 of 37)

1951 single family home for sale at 401 N Burlington Avenue in Fergus Falls, MN — 5 bed, 4 bath (photo 37 of 37)

401 N Burlington Avenue, Fergus Falls, MN 56537

5 Beds | 4 Baths | 2,398 Sq Ft | Single Family Home | MLS# 7109133

M Markdowns — Price Reduced — was $310,000 (↓ $11,000)

$299,000

Is 401 N Burlington Avenue a Good Deal?

BuyPulse Verdict

Strong Value

At $125/sqft — This home is priced 10% below the typical Fergus Falls single-family home of $139/sqft.

$1,864/month Estimated

Principal & interest: $1,512
Property taxes: $178
Home insurance (est.): $174
HOA dues: None

20% down ($59,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Fergus Falls, MN Pending

Located in North Division/Fergus Falls, Fergus Falls, MN.

About This Home

Welcome to this spacious 5+ bedroom, 4-bath rambler offering room to grow in a highly desirable location. Fresh interior paint and new flooring provide a clean, updated feel throughout. The finished lower level features a cozy fireplace, a large family/recreation room, a dedicated office or flex space, and abundant storage throughout the home, providing plenty of room to keep everything organized. Situated on a generous lot, the property offers plenty of outdoor space to enjoy and includes a convenient storage shed for lawn equipment, tools, or seasonal items. Step outside to the patio, perfect for relaxing or entertaining guests. The attached garage adds everyday convenience and even more storage. Ideally located near local schools, the Aquatic Center, YMCA, walking paths, parks, and other community amenities, this move-in-ready home combines comfort, functionality, and an exceptional location. Don't miss the opportunity to make this versatile home yours!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $224K and $374K in Fergus Falls:

The field: 24 similar Fergus Falls homes for sale — you have options.
Tempo: homes like this went pending in a median 24 days — 3 of the last 13 inside 4 days.
Negotiation: 44% of the last 25 sales here closed at or over list — about half hold full price.

Key Features

Built: 1951
Garage: 1-Car Attached
Style: One
HOA: None
Annual Taxes: $2,132 (2026)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,273
Below Grade Sq Ft: 1,125
Lot Size: 0.25 acres
Basement: Yes
County: Otter Tail
List Date: 2026-07-17
Days on Market: 87 days
Parcel ID: 71002990913000

Financial

Total Tax incl. Assessments: $2,132

Home Systems & Utilities

Heating: Forced Air, Fireplace(s)
Cooling: Central Air
Water: City Water/Connected
Sewer: City Sewer/Connected

Interior Features

Fireplace: 1 fireplace

Construction & Exterior

Construction & Structure

Foundation Type: Poured Concrete
Foundation Area: 1,273 sqft
Total Building Area: 2,398 sqft

Exterior Features

Exterior Features: Aluminum Siding, Stone
Accessibility Features: None

Parking & Garage

Parking Features: Attached Garage, Concrete

Lot & Land

Zoning Description: Residential-Single Family

Agent & Office

List Office: Whitetail Properties Real Esta

Price History

Reduced $11,000 (3.5%)

Price reduced to $310,000 — Aug 4, 2026
Price reduced to $299,000 — Sep 3, 2026

401 N Burlington Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 401 N Burlington Avenue

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Fergus Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

See all Fergus Falls homes ›

Listed by Whitetail Properties Real Esta · Shown by Modern Market REALTORS®

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First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7109133 · Data refreshed September 22, 2026

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Frequently Asked Questions About 401 N Burlington Avenue

Is $299,000 a good price for a home in Fergus Falls?: According to BuyPulse, 401 N Burlington Avenue rates Strong Value — at $125/sqft it's priced 10% below the typical Fergus Falls single-family home of $139/sqft. Powered by the Realgorithm™. Browse Fergus Falls homes for sale to compare.
Does 401 N Burlington Avenue have a basement?: Yes, 401 N Burlington Avenue has a finished basement with 1,125 sq ft of below-grade space.
What type of heating and cooling does 401 N Burlington Avenue have?: 401 N Burlington Avenue has Forced Air, Fireplace(s) heating and Central Air cooling.
Where is 401 N Burlington Avenue located?: 401 N Burlington Avenue is in the North Division/fergus Falls neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
Is 401 N Burlington Avenue still available?: 401 N Burlington Avenue is currently pending. The seller may still accept backup offers — contact us to learn more.
When was 401 N Burlington Avenue built?: 401 N Burlington Avenue was built in 1951. It features a poured concrete foundation.
How many homes like 401 N Burlington Avenue are for sale in Fergus Falls?: 24 similar homes (single-family homes between $224K and $374K in Fergus Falls) are for sale right now — you have options.
How fast do homes like 401 N Burlington Avenue sell in Fergus Falls?: Homes like this one (single-family homes between $224K and $374K in Fergus Falls) went pending in a median 24 days over the last 90 days — 3 of the last 13 went under contract within 4 days.
Do homes in Fergus Falls sell for asking price?: 44% of the last 25 comparable Fergus Falls sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
What does "M Markdowns" mean?: M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
What does "BuyPulse" mean?: BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?: The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Fergus Falls area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 6:31 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.